A source from the European Union (EU) delegation, cited by Lusa, revealed that the total amount of support to Cape Verde has risen to 398 million euros, following a financial reinforcement announced on Thursday, October 9, in Brussels.
“Taking as reference the value announced in September 2024 in Praia (301 million euros), there has been an increase in the total amount of EU investment and support to Cape Verde. The current overall figure is 398 million euros, corresponding to 378 million from the Global Gateway initiative and 20 million from new budgetary support,” the source stated.
The unidentified source also explained that the EU participates in other cooperation programs and projects in areas such as security (including maritime security), civil society support, and regional programs (PALOP-TL, WASOP, and others) not included in this amount.
EU reinforces investment in renewable energy and digital infrastructure in Cape Verde.
In recent days, the European Commission has held meetings with the Heads of State and Government of several African countries, namely Angola, South Africa, Rwanda, the Democratic Republic of the Congo, and Cape Verde.
Recently, the European Commission signed an investment agreement with Cape Verde for the production of renewable energy and digital infrastructure, totaling over 200 million euros.
“It was a pleasure to welcome Ulisses Correia [Prime Minister of Cape Verde] […]. I am pleased to announce more than 200 million euros in investment in renewable energy, maritime ports, and digital infrastructure,” wrote Ursula von der Leyen, President of the European Commission, on social media.
The EU leader added that “by 2030, Cape Verde aims for 50% of its energy production to come from clean sources” – those that do not produce polluting particles harmful to the atmosphere, soil, and water.
In the past few days, the European Commission has also organized meetings with African leaders, including those of Angola, South Africa, Rwanda, and the Democratic Republic of the Congo, as part of efforts to boost investment in energy and trade infrastructure, such as the Lobito Corridor in Angola.
Source: Diário Económico
